“All the bad things are coming together,” said Robert Halver, head of the capital market analysis department of Baader bank, citing the strong euro, the slowdown of the emerging economies, the discussion about the interest rate hikes in the US.

They are enough to bring the DAX down in the weak summer season, he said.

All the 30 DAX member shares suffered losses. K+S Aktiengesellschaft, a standard and specialty fertilisers producer, topped the list of fallers. It plunged by 3.07 percent.